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Sir Jeffrey Donaldson has been an ever-present feature of the political landscape in Northern Ireland for several decades.

But his leadership of the Democratic Unionist Party came to an end on 29 March, when it revealed Donaldson had resigned as chief after he was charged with sexual offences of a “historical nature”.

Born in County Down in the 1960s, he was raised during the Troubles and has been a vocal campaigner for unionism throughout his life.

Donaldson came to the fore after the UK left the EU for his opposition to the Northern Ireland Protocol – which he believed undermined Northern Ireland‘s place in the United Kingdom.

DUP Leader Sir Jeffrey Donaldson says progress has been made on the Northern Ireland protocol. In a statement to the press he said 'It's not a question of compromise, it is a question of the UK government honouring the commitments they've made to the people of Northern Ireland'.
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DUP leader Sir Jeffrey Donaldson did not endorse the Windsor Framework

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Growing up and family deaths

Donaldson was born in 1962 and raised in Kilkeen in County Down alongside four brothers and three sisters in what he described as “a traditional, rural, home-centred upbringing”.

As a boy, his “childhood innocence was shattered” by the Troubles – in 1970 his cousin Samuel Donaldson, a member of the Royal Ulster Constabulary, was killed in an IRA car bombing.

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As a young man, he joined the Orange Order, a protestant group in which he later became an Assistant Grand Master.

He was at one point chairman of the Ulster Young Unionist Council, and also joined the Ulster Defence Regiment – a part of the British Army which mainly consisted of volunteers, who largely spent their time guarding key points, patrolling, carrying out surveillance, and manning vehicle checkpoints.

In 1985 Samuel’s brother, Alex, was also killed by the IRA, in a mortar attack on a police station.

Alex Donaldson was killed in a mortar attack on Newry police station
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Alex Donaldson was killed in a mortar attack on Newry police station

Run up to the Good Friday Agreement and defection

In the early 1980s, Donaldson worked on Enoch Powell’s campaigns to be elected as an Ulster Unionist Party (UUP) MP for South Down.

Donaldson was later elected as a UUP member of the Northern Ireland Assembly in 1985 at the age of 22.

He was elected to the House of Commons in 1997 and was a member of the UUP’s negotiating team for what became the Good Friday Agreement.

However, he voted against the deal in the subsequent referendum and warned UUP leader David Trimble against supporting it.

In 1998, he was blocked from standing in the elections for the Stormont assembly.

Having continued to agitate under Lord Trimble’s leadership, Donaldson left the UUP in 2003 and joined the DUP, having been re-elected to Stormont.

Sir Jeffrey, left, with Lord Trimble, during Northern Ireland peace negotiations in Downing Street in 1997
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Sir Jeffrey, left, with Lord Trimble, during Northern Ireland peace negotiations in Downing Street in 1997

Brexit, Northern Ireland Protocol and the party leadership

Donaldson has served consistently as the DUP MP for Lagan Valley, but stood down from the Northern Ireland Assembly in 2010, having served in government in Belfast.

He was notable for his opposition to same-sex marriage and abortion – which Westminster legalised in Northern Ireland.

In 2016 he was knighted in the birthday honours list for political service.

In the same year, he supported Brexit, and became associated with the Theresa May administration in 2017 as part of the confidence and supply arrangement which saw the DUP support Mrs May’s government in key votes.

However, the party opposed the deal Mrs May put to parliament in 2019.

Since the implementation of Brexit, Donaldson has opposed the Northern Ireland Protocol, which he says undermines the Good Friday Agreement he voted against.

In 2019 he became the leader of the DUP at Westminster, and was elected leader of the party as a whole in 2021.

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Donaldson on DUP’s deal decision

He successfully stood in the 2022 Northern Ireland Assembly elections, but has said he will not take up the seat until the situation with the Northern Ireland Protocol can be resolved.

Last year, Donaldson refused to endorse the Windsor Framework, which was intended to resolve issues with the Protocol – and is still sitting as an MP at Westminster.

Power-sharing returned in Northern Ireland in early 2024, after Donaldson and the DUP agreed on a way forward with the UK government on post-Brexit trade.

His resignation was confirmed on Good Friday 2024, and it was announced that his deputy, Gavin Robinson MP, would be made interim leader.

It is understood Donaldson will be “strenuously contesting” all charges against him.

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Crypto industry, trade unions clash over multi-trillion dollar retirement funds

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Crypto industry, trade unions clash over multi-trillion dollar retirement funds

A growing rift has emerged in Washington, D.C., between the cryptocurrency industry and labor unions as lawmakers debate whether to ease rules allowing cryptocurrencies in 401(k) retirement accounts.

The dispute centers on proposed market structure legislation that would allow retirement accounts to gain exposure to crypto, a move labor groups say could expose workers to speculative risk. In a letter sent on Wednesday to the US Senate Banking Committee, the American Federation of Teachers argued that cryptocurrencies are too volatile for pension and retirement savings, warning that workers could face significant losses.

The letter drew immediate pushback from crypto investors and industry figures. “The American Federation of Teachers has somehow developed the most logically incoherent, least educated take one could possibly author on the matter of crypto market structure regulation,” a crypto investor said on X. 

Retirement, Pensions
The AFT letter to Congress opposes regulatory changes that would allow 401(k) retirement accounts to hold alternative assets, including cryptocurrency. Source: CNBC

In response to the letter, Castle Island Ventures partner Sean Judge said the bill would improve oversight and reduce systemic risk, while enabling pension funds to access an asset class that has delivered strong long-term returns.

Consensys attorney Bill Hughes said the AFT’s opposition to the crypto market structure bill was politically motivated, accusing the group of acting as an extension of Democratic lawmakers.

Retirement, Pensions
Funds held in US retirement accounts by type of account plan. Source: ICI

Related: Atkins says SEC has ‘enough authority’ to drive crypto rules forward in 2026

Opposition to crypto in retirement and pension funds mounts

Proponents of allowing crypto in retirement portfolios, on the other hand, argue that it democratizes finance, while trade unions have voiced strong opposition to relaxing current regulations, claiming that crypto is too risky for traditional retirement plans.

“Unregulated, risky currencies and investments are not where we should put pensions and retirement savings. The wild, wild west is not what we need, whether it’s crypto, AI, or social media,” AFT president Randi Weingarten said on Thursday. 

The AFT represents 1.8 million teachers and educational professionals in the US and is one of the largest teachers’ unions in the country.

According to Better Markets, a nonprofit and nonpartisan advocacy organization, cryptocurrencies are too volatile for traditional retirement portfolios, and their high volatility can create time-horizon mismatches for pension investors seeking a predictable, low-volatility retirement plan.

Retirement, Pensions
Bitcoin and Ether volatility compared to other asset classes and stock indexes. Source: US Federal Reserve

In October, the American Federation of Labor and Congress of Industrial Organizations (AFL-CIO) also wrote to Congress opposing provisions within the crypto market structure regulatory bill.

The AFL-CIO, the largest federation of trade unions in the US, wrote that cryptocurrencies are volatile and pose a systemic risk to pension funds and the broader financial system.

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